Sanmina Free Cash Flow vs Change To Inventory Analysis

SANM Stock

USD 77.95 2.28 2.84%

Sanmina financial indicator trend analysis is much more than just breaking down Sanmina prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanmina is a good investment. Please check the relationship between Sanmina Free Cash Flow and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanmina Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Sanmina's Free Cash Flow and Change To Inventory is -0.03. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Sanmina, assuming nothing else is changed. The correlation between historical values of Sanmina's Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Sanmina are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Sanmina's Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Most indicators from Sanmina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanmina current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.As of the 17th of December 2024, Selling General Administrative is likely to drop to about 245 M. In addition to that, Tax Provision is likely to drop to about 56.8 M

	2021	2022	2023	2024 (projected)
Gross Profit	640.5M	743.2M	640.4M	453.2M
Total Revenue	7.9B	8.9B	7.6B	6.2B

Gross Profit Total Revenue

Sanmina fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.22	0.78	0.92	0.95	0.88	-0.43	-0.45	0.94	0.92	0.79	0.33	0.9	0.94	0.5	0.37	0.93	0.32	0.53	0.95	0.64	0.98	0.03	0.29	0.33	-0.81
Short Long Term Debt Total	0.22		0.3	0.2	-0.01	0.53	0.6	-0.79	0.11	0.2	0.48	0.43	0.22	0.02	0.78	0.7	0.14	0.6	0.66	0.42	-0.12	0.13	0.29	-0.2	0.4	-0.65
Other Current Liab	0.78	0.3		0.68	0.74	0.82	-0.26	-0.57	0.68	0.78	0.73	0.31	0.76	0.74	0.6	0.42	0.6	0.23	0.73	0.76	0.32	0.73	0.13	0.24	0.42	-0.77
Total Current Liabilities	0.92	0.2	0.68		0.8	0.8	-0.3	-0.41	0.97	0.75	0.67	0.26	0.73	0.84	0.41	0.11	0.95	0.18	0.52	0.94	0.5	0.91	0.36	0.23	0.34	-0.71
Total Stockholder Equity	0.95	-0.01	0.74	0.8		0.78	-0.6	-0.26	0.86	0.9	0.72	0.22	0.88	0.92	0.34	0.25	0.86	0.25	0.36	0.81	0.68	0.94	-0.11	0.38	0.18	-0.68
Property Plant And Equipment Net	0.88	0.53	0.82	0.8	0.78		-0.05	-0.77	0.78	0.76	0.92	0.36	0.74	0.75	0.8	0.52	0.75	0.45	0.79	0.9	0.28	0.8	0.2	0.23	0.46	-0.97
Net Debt	-0.43	0.6	-0.26	-0.3	-0.6	-0.05		-0.47	-0.4	-0.57	-0.11	0.1	-0.59	-0.53	0.34	0.11	-0.36	0.1	0.29	-0.23	-0.79	-0.49	0.47	-0.28	0.18	-0.02
Retained Earnings	-0.45	-0.79	-0.57	-0.41	-0.26	-0.77	-0.47		-0.38	-0.37	-0.65	-0.55	-0.35	-0.31	-0.97	-0.61	-0.31	-0.56	-0.93	-0.59	0.21	-0.35	-0.31	0.07	-0.55	0.86
Accounts Payable	0.94	0.11	0.68	0.97	0.86	0.78	-0.4	-0.38		0.81	0.66	0.29	0.78	0.91	0.39	0.18	0.96	0.17	0.5	0.94	0.58	0.96	0.17	0.24	0.34	-0.7
Cash	0.92	0.2	0.78	0.75	0.9	0.76	-0.57	-0.37	0.81		0.66	0.47	1.0	0.89	0.45	0.47	0.77	0.43	0.45	0.84	0.77	0.92	-0.16	0.17	0.31	-0.74
Non Current Assets Total	0.79	0.48	0.73	0.67	0.72	0.92	-0.11	-0.65	0.66	0.66		0.1	0.66	0.59	0.75	0.51	0.63	0.42	0.72	0.78	0.28	0.66	0.14	0.43	0.31	-0.89
Non Currrent Assets Other	0.33	0.43	0.31	0.26	0.22	0.36	0.1	-0.55	0.29	0.47	0.1		0.45	0.32	0.5	0.46	0.31	0.55	0.42	0.39	0.19	0.37	-0.08	-0.36	0.54	-0.48
Cash And Short Term Investments	0.9	0.22	0.76	0.73	0.88	0.74	-0.59	-0.35	0.78	1.0	0.66	0.45		0.86	0.44	0.5	0.75	0.45	0.43	0.83	0.8	0.9	-0.19	0.16	0.29	-0.73
Net Receivables	0.94	0.02	0.74	0.84	0.92	0.75	-0.53	-0.31	0.91	0.89	0.59	0.32	0.86		0.33	0.3	0.85	0.14	0.4	0.86	0.63	0.97	-0.09	0.21	0.34	-0.66
Common Stock Shares Outstanding	0.5	0.78	0.6	0.41	0.34	0.8	0.34	-0.97	0.39	0.45	0.75	0.5	0.44	0.33		0.69	0.33	0.67	0.92	0.61	-0.09	0.39	0.19	0.0	0.46	-0.9
Non Current Liabilities Total	0.37	0.7	0.42	0.11	0.25	0.52	0.11	-0.61	0.18	0.47	0.51	0.46	0.5	0.3	0.69		0.14	0.59	0.57	0.45	0.24	0.3	-0.41	-0.06	0.36	-0.64
Inventory	0.93	0.14	0.6	0.95	0.86	0.75	-0.36	-0.31	0.96	0.77	0.63	0.31	0.75	0.85	0.33	0.14		0.22	0.39	0.9	0.62	0.94	0.18	0.24	0.25	-0.66
Other Current Assets	0.32	0.6	0.23	0.18	0.25	0.45	0.1	-0.56	0.17	0.43	0.42	0.55	0.45	0.14	0.67	0.59	0.22		0.45	0.36	0.23	0.27	-0.09	-0.07	-0.1	-0.59
Other Stockholder Equity	0.53	0.66	0.73	0.52	0.36	0.79	0.29	-0.93	0.5	0.45	0.72	0.42	0.43	0.4	0.92	0.57	0.39	0.45		0.67	-0.11	0.44	0.32	0.07	0.51	-0.85
Total Liab	0.95	0.42	0.76	0.94	0.81	0.9	-0.23	-0.59	0.94	0.84	0.78	0.39	0.83	0.86	0.61	0.45	0.9	0.36	0.67		0.53	0.93	0.18	0.18	0.43	-0.87
Property Plant And Equipment Gross	0.64	-0.12	0.32	0.5	0.68	0.28	-0.79	0.21	0.58	0.77	0.28	0.19	0.8	0.63	-0.09	0.24	0.62	0.23	-0.11	0.53		0.69	-0.41	0.16	-0.04	-0.25
Total Current Assets	0.98	0.13	0.73	0.91	0.94	0.8	-0.49	-0.35	0.96	0.92	0.66	0.37	0.9	0.97	0.39	0.3	0.94	0.27	0.44	0.93	0.69		0.0	0.23	0.3	-0.72
Short Term Debt	0.03	0.29	0.13	0.36	-0.11	0.2	0.47	-0.31	0.17	-0.16	0.14	-0.08	-0.19	-0.09	0.19	-0.41	0.18	-0.09	0.32	0.18	-0.41	0.0		-0.02	0.14	-0.17
Intangible Assets	0.29	-0.2	0.24	0.23	0.38	0.23	-0.28	0.07	0.24	0.17	0.43	-0.36	0.16	0.21	0.0	-0.06	0.24	-0.07	0.07	0.18	0.16	0.23	-0.02		-0.25	-0.15
Common Stock Total Equity	0.33	0.4	0.42	0.34	0.18	0.46	0.18	-0.55	0.34	0.31	0.31	0.54	0.29	0.34	0.46	0.36	0.25	-0.1	0.51	0.43	-0.04	0.3	0.14	-0.25		-0.48
Short Term Investments	-0.81	-0.65	-0.77	-0.71	-0.68	-0.97	-0.02	0.86	-0.7	-0.74	-0.89	-0.48	-0.73	-0.66	-0.9	-0.64	-0.66	-0.59	-0.85	-0.87	-0.25	-0.72	-0.17	-0.15	-0.48

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Sanmina Account Relationship Matchups

Sanmina fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.2B	4.9B	4.9B	4.8B	3.7B
Short Long Term Debt Total	348.0M	330.3M	346.7M	338.3M	317.3M	622.4M
Other Current Liab	293.8M	279.5M	208.0M	394.6M	196.7M	236.5M
Total Current Liabilities	1.5B	1.8B	2.5B	2.0B	1.8B	1.3B
Total Stockholder Equity	1.6B	1.9B	1.9B	2.3B	2.4B	1.4B
Property Plant And Equipment Net	559.2M	533.0M	575.2M	632.8M	616.1M	531.5M
Net Debt	(132.5M)	(319.7M)	(183.1M)	(329.3M)	(308.5M)	(293.1M)
Retained Earnings	(3.7B)	(3.5B)	(3.2B)	(2.9B)	(2.7B)	(2.8B)
Accounts Payable	1.2B	1.5B	2.0B	1.6B	1.5B	997.3M
Cash	480.5M	650.0M	529.9M	667.6M	625.9M	550.5M
Non Current Assets Total	953.2M	925.1M	934.0M	994.4M	952.4M	1.1B
Non Currrent Assets Other	120.5M	157.0M	160.2M	184.0M	175.6M	93.9M
Cash And Short Term Investments	480.5M	650.0M	529.9M	667.6M	625.9M	610.5M
Net Receivables	1.4B	1.5B	1.6B	1.7B	1.7B	995.7M
Common Stock Shares Outstanding	70.8M	67.1M	63.1M	59.8M	57.0M	69.6M
Liabilities And Stockholders Equity	3.8B	4.2B	4.9B	4.9B	4.8B	3.7B
Non Current Liabilities Total	620.2M	565.1M	544.6M	522.0M	520.7M	877.9M
Inventory	861.3M	1.0B	1.7B	1.5B	1.4B	826.9M
Other Current Assets	37.7M	69.5M	62.0M	58.2M	79.3M	95.7M
Other Stockholder Equity	5.3B	5.3B	5.0B	5.0B	2.3B	4.2B
Total Liab	2.1B	2.3B	3.0B	2.6B	2.4B	2.2B
Property Plant And Equipment Gross	559.2M	2.2B	2.3B	2.5B	2.6B	2.7B
Total Current Assets	2.8B	3.3B	3.9B	3.9B	3.9B	2.6B
Accumulated Other Comprehensive Income	34.9M	40.7M	56.3M	70.9M	66.7M	36.4M
Common Stock Total Equity	697K	650K	643K	574K	516.6K	490.8K
Common Stock	650K	643K	574K	568K	539K	512.1K
Other Liab	232.9M	233.9M	253.5M	215.3M	247.6M	152.5M
Other Assets	341.4M	392.1M	358.8M	(107.9M)	(124.1M)	(117.9M)
Long Term Debt	329.2M	311.6M	329.2M	312.3M	299.8M	284.8M
Property Plant Equipment	630.6M	611.8M	533.0M	575.2M	517.7M	513.6M
Treasury Stock	(804.1M)	(983.1M)	(1.0B)	(1.4B)	(1.2B)	(1.2B)
Net Tangible Assets	1.6B	1.6B	1.9B	1.9B	2.1B	1.6B
Long Term Debt Total	347.0M	329.2M	311.6M	329.2M	296.3M	370.0M
Capital Surpluse	6.3B	6.3B	6.3B	6.4B	7.3B	6.8B

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When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:

How To Invest In Sanmina

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Is Sanmina Stock a good investment?

Details

What is Sanmina's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.05

Earnings Share

3.91

Revenue Per Share

136.141

Quarterly Revenue Growth

(0.02)

Return On Assets

0.0451

The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Sanmina Free Cash Flow vs Change To Inventory Analysis

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Inventory

Sanmina fundamental ratios Correlations

Sanmina Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sanmina fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.98	Total Assets
Accounts Payable	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.97	Net Receivables
Inventory	+ 0.96	Accounts Payable
Total Current Assets	+ 0.96	Accounts Payable

Common Stock Shares Outstanding	- 0.97	Retained Earnings
Short Term Investments	- 0.97	Property Plant And Equipment Net
Other Stockholder Equity	- 0.93	Retained Earnings
Short Term Investments	- 0.9	Common Stock Shares Outstanding
Short Term Investments	- 0.89	Non Current Assets Total
Short Term Investments	- 0.87	Total Liab